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Question 1 11 pts IBM stock currently sells for 49 dollars per share. Over 12 month(s) the price will either go up by 11.5 pe
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Answer #1

Number of shares to be bought=(MAX(49*1.115-51,0)-MAX(49*0.93-51,0))/(49*1.115-49*0.93)
=0.40099

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